Mortgage Case Studies

The following case study is an actual case , which has been dealt with in the past 5 years.

 

Newsagents and Convenience Store Refinance
Location: Bristol
Property Type: Newsagents and Convenience Store with three bedroom accommodation on the first and second floors
Case details: The property valued at 290,000 and the applicant needed a refinance and capital raise to consolidate some existing debt and purchase some new fittings and stock for the business. The applicant again had outside income from a jewellery business. We advanced 75% at 5% over base rate over 25 years.
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*a proportion of these cases were dealt with directly through our mortgage provider and are here to provide you with an insight as to what mortgage problems can be dealt with
The overall cost for comparison is 10.53% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration. Early repayment charges apply. A broker fee of 1% may apply.  Your home may be repossessed if you do not keep up repayments on your mortgage.Our Financial Resources directory is available here